141 Edinburgh DrLenoir CityTN37771
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Lenoir City at 141 Edinburgh Dr, Lenoir City, TN, 37771 offers $2,160/mo rent that, after a $2,153/mo payment. Total monthly income is $2,160/mo. Return on cash invested measures 16.01% in year one, and rental yield stands at 5.89% at a $439,900 entry. Equity gained on principal adds $2,839/yr while 5% annual appreciation compounds into $121,536 by year five. Five-year ROI records 81.7% and total cumulative return in cash reaches $119,139. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,160/mo property income versus a $2,153/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37771, Lenoir City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,195 (100%) |
| Owner Occupied HU | 5,374 (65.6%) |
| Renter Occupied HU | 2,228 (27.2%) |
| Vacant Housing Units | 593 ( 7.2%) |
| Median Home Value | $265,872 |
| Average Home Value | $302,637 |
Housing Distribution
Address Breakdown
Residential
7,833
Single Family
7,419
Multi-Family
414
Businesses
733
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Listed by: Joseph J. Wallace • Keller Williams West Knoxville
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3112580